Cyntia's Feed
Apr 20, 2012

Televisa’s SKY unit starting broadband service

MEXICO CITY, April 20 (Reuters) – SKY, the direct-to-home
satellite television unit of Mexican broadcaster Televisa, is
preparing to launch a new broadband service that will be
initially available in some areas of Mexico City.

“Blue To Go” starts with a basic speed of 3 Megabytes for
149 pesos ($11), that customers can only get if they also buy
the direct-to-home starter satellite service of 309 pesos ($23)
for 173 channels, a SKY sales representative told Reuters on
Friday.

Apr 16, 2012

Analysis: Debt renegotiation looms for struggling Cemex

MEXICO CITY (Reuters) – Mexican cement maker Cemex is likely to try and renegotiate a hefty portion of its debt in coming months to avoid a potential clash with creditors in 2014.

Monterrey-based Cemex (CMXCPO.MX: Quote, Profile, Research, Stock Buzz), which was swamped by the 2008 U.S. housing meltdown shortly after paying out some $16 billion to buy Australia’s Rinker, has been working its way out of its deep debt troubles for the past three years.

Apr 12, 2012

Second tremor hit Western Mexico

MEXICO CITY (Reuters) – Two large earthquakes struck western Mexico, shaking buildings as far away as the capital and sending people rushing out of offices onto the streets, the U.S. Geological Survey said.

There were no reports of major damage after the first of the two tremors.

The USGS said the first quake on Wednesday evening in the western state of Michoacan had a magnitude of 6.5 — and was recorded at a depth of 12.4 miles.

Apr 12, 2012

Strong quake shakes Mexico, no major damage

MEXICO CITY, April 11 (Reuters) – A strong earthquake hit
western Mexico on Wednesday, shaking buildings as far away as
the capital and sending people rushing out of offices onto the
streets, though there were no reports of major damage.

Mexico City Mayor Marcelo Ebrard said on his Twitter account
there were no initial signs of serious damage and that key
services in the capital, including its subway system and the
international airport, were operating normally.

Apr 11, 2012

Strong quake hits Mexico, no major damage seen

MEXICO CITY (Reuters) – A strong earthquake hit Mexico on Wednesday, shaking buildings in the capital and sending people rushing out of offices onto the streets, though there were no early reports of major damage.

Mexico City mayor Marcelo Ebrard said on his twitter account there were no initial signs of serious damage and that key services in the capital, including its subway system and the international airport, were operating normally.

Mar 30, 2012

Document shows red tape binds Mexico broadband plan

MEXICO CITY, March 30 (Reuters) – Mexico’s communications
ministry never asked the financial authority to set a fee that
media company MVS was supposed to pay to hold on to a big chunk
of the spectrum, a think tank said on Friday, as red tape snarls
an ambitious broadband plan.

Consumer advisory group Observatel’s findings highlight a
lack of coordination between government agencies overseeing the
future of one of the most ambitious broadband projects in Mexico
in decades, a project that could trigger growth in the telecom
market.

Mar 29, 2012

Mexico’s Cemex U.S. volumes soar in early 2012

MEXICO CITY, March 29 (Reuters) – Mexico’s Cemex
said on Thursday that based on industry estimates it may
have recorded strong double-digit growth in U.S. cement volumes
in the first two months of the year, helped by good weather.

“The first two months of the year have been great; demand
nationwide has been up in excess of 20 pct year-over-year,”
Maher Al-Haffar, vice president of corporate communications and
investor relations, told Reuters.

Mar 21, 2012

Big earthquake rattles Mexico, no major damage

MEXICO CITY, March 20 (Reuters) – A major earthquake struck
Mexico on Tuesday, unleashing panic as it damaged hundreds of
buildings and caused homes in the capital to bounce like
“trampolines”.

Office workers fled into the street when the 7.4-magnitude
quake shook Mexico City for more than a minute. Cell phone lines
went down, buildings were evacuated, traffic snarled and the
stock exchange had to suspend trading early.

Mar 20, 2012

Big earthquake hits Mexico, no major damage reported

MEXICO CITY (Reuters) – A major earthquake struck Mexico on Tuesday, unleashing panic as it damaged scores of buildings and caused homes in the capital to bounce like “trampolines”.

Office workers fled into the street when the 7.4-magnitude quake shook Mexico City for more than a minute. Cell phone lines went down, building were evacuated, traffic snarled and the stock exchange had to suspend trading early.

Mar 17, 2012

Telefonica online unit seeks Brazil-to-U.S. video stream

MEXICO CITY (Reuters) – Telefonica’s Internet unit Terra wants to create a video-streaming mammoth, stretching from the United States to Brazil, as it challenges rivals like rental firm Netflix and tycoon Carlos Slim’s fledgling U.S. web TV venture.

Terra, which has been selling online content in Latin America for more than a decade, is revamping its service under the SundayTV brand, adding more content providers, striking deals with web-ready television makers and improving the technology.